Blog post - Emerging markets are becoming the new frontier for global sourcing. https://lnkd.in/dtHTYr8A From cost savings and supply diversification to tapping into innovation and talent pools, strategic sourcing in regions like Southeast Asia, Africa, Latin America, and Eastern Europe offers companies a real competitive edge. But success isn’t just about cost—it’s about overcoming risks with strong local partnerships, transparency, and sustainable practices. #GlobalSourcing #EmergingMarkets #Procurement #StrategicSourcing #SupplyChain #CostSavings #SustainableSourcing #BusinessGrowth
Dragon Sourcing
Outsourcing and Offshoring Consulting
Mumbai, Maharashtra 15,592 followers
Sustainable Sourcing Value Since 2004
About us
Dragon Sourcing offers an end to end global sourcing service to companies looking to leverage the capabilities of the Asian supply markets with a strong focus on delivering savings to our clients’ bottom line. Working exclusively for the benefit of the client, with dedicated local teams, we cover the full sourcing cycle including market analysis, supplier qualification, supplier auditing, sample development, negotiation, selection and purchase order management (quality and logistics). Offering a complete sourcing and procurement service to companies looking to procure effectively from low-cost countries. We understand the challenges involved and work in partnership to address the risks and deliver results to the bottom line. Dragon sourcing’s Suite of Offerings: 1. Procurement Intelligence to deliver you insight into markets to enable effective procurement decision. 2. Global Sourcing to identify, qualify & secure capable and competitive suppliers in emerging markets. 3. Procurement Outsourcing of IPO’s (international procurement offices) to increase productivity reduce risks and fixed costs and rapidly scale up. 4. Procurement Capability Enhancement to improve the productivity and effectiveness of your procurement function in emerging markets, especially in China. ► Our ability to provide and end-to-end service from Procurement Intelligence through to Procurement Operations ► A business model which ensures that we work exclusively for the benefit of the buyer ► Total transparency and sharing of information with the client ► An engineering and technical background combined with a deep understanding of industrial B2B buying practices and requirements ► Global Footprint allowing us to effectively tap into all emerging market opportunities How can we help you? To discuss how we can help you, please visit: https://www.dragonsourcing.com/contact/ Resource: ► Case studies and blogs: https://www.dragonsourcing.com/blog/
- Website
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https://www.dragonsourcing.com/
External link for Dragon Sourcing
- Industry
- Outsourcing and Offshoring Consulting
- Company size
- 51-200 employees
- Headquarters
- Mumbai, Maharashtra
- Type
- Privately Held
- Founded
- 2004
- Specialties
- Low Cost Country Sourcing, Supplier Qualification, Sample Development, Negotiation, Selection and Purchase Order Management (Quality and Logistics)., Global sourcing, Procurement Outsourcing, Asia sourcing, Product Sourcing, and Eastern Europe Sourcing
Locations
Employees at Dragon Sourcing
Updates
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Top 10 Technologies Revolutionizing Procurement Today Artificial Intelligence (AI) Streamlines decision-making with predictive analytics, supplier risk assessment, and demand forecasting. Blockchain Ensures transparency, traceability, and security in procurement contracts and supply chains. Robotic Process Automation (RPA) Automates repetitive tasks like invoice processing, freeing teams for strategic work. Big Data & Analytics Provides insights from vast datasets to optimize sourcing, pricing, and supplier performance. Cloud-Based Procurement Platforms Enable real-time collaboration, visibility, and scalability across global teams. Internet of Things (IoT) Tracks goods in real time, improving supply chain visibility and reducing delays. E-Procurement Tools Digitize the entire procurement cycle, from requisition to payment, for efficiency and cost savings. Machine Learning (ML) Learns from data patterns to optimize supplier selection, pricing models, and risk prediction. 5G Connectivity Accelerates real-time data sharing and enhances procurement agility across geographies. Cybersecurity Solutions Protect sensitive procurement and supplier data from growing cyber threats. #Procurement #GlobalProcurement #DigitalProcurement #ProcurementTechnology #SupplyChainInnovation #ProcurementTrends #EProcurement #SmartProcurement #ProcurementSolutions #FutureOfProcurement #SourcingInnovation #ProcurementExperts #ProcurementServices #TechInProcurement #ProcurementStrategy
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Smart Procurement Wheel: 10 Cost-Saving Ideas 1. Supplier Diversification Reduce dependency and gain better pricing options. 2. Bulk Purchasing Leverage volume discounts and lower per-unit costs. 3. Strategic Negotiation Use data insights to secure favorable contracts. 4. Low-Cost Country Sourcing Tap into regions with cost advantages while ensuring quality. 5. E-Procurement Tools Automate processes, reduce errors, and save time. 6. Quality Control & Audits Prevent costly defects, delays, and rework. 7. Optimized Logistics Consolidate shipments and choose efficient routes. 8. Long-Term Supplier Partnerships Foster loyalty and reliability for consistent savings. 9. Sustainable Procurement Eco-friendly practices lower waste and reduce long-term costs. 10. Continuous Benchmarking Track performance, compare costs, and adjust strategies. #SmartProcurement #ProcurementStrategy #CostSavings #GlobalProcurement #StrategicSourcing #ProcurementExcellence #SupplyChainOptimization #ProcurementSolutions #BusinessGrowth #ProcurementInnovation #SourcingStrategy #ProcurementExperts #SupplyChainManagement #GlobalSourcing #ProcurementInsights
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International product sourcing comes with risks—political, financial, quality, logistics & more. Learn the Top 10 Risks and how to manage them. https://lnkd.in/dPHJf-57 #InternationalTrade #GlobalSourcing #SupplyChain #RiskManagement #Procurement
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Dragon Sourcing reposted this
Procurement is no longer just about cost savings. From driving innovation to ensuring sustainability, procurement companies are strategic partners in business growth. Check out our latest insights, How Procurement Companies Drive Business Growth Beyond Cost Savings #Procurement #SupplyChain #BusinessGrowth #ProcurementCompanies #SourcingStrategy #DragonSourcing
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Need to scale quickly in new markets? Our global sourcing network accelerates supplier discovery, so you can enter new regions faster with reliable partners. Faster lead times Global reach Strategic partnerships Expand without limits. Contact us > https://lnkd.in/dmHeBMv7 #GlobalExpansion #ProcurementSolutions #GlobalSourcing
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Top 10 Cost-Effective Global Sourcing Strategies 1. Diversify Supplier Base Reduce risk and cost by sourcing from multiple suppliers across regions. 2. Leverage Low-Cost Country Sourcing (LCCS) Tap into countries with lower production costs without compromising quality. 3. Build Long-Term Supplier Relationships Stronger partnerships lead to better pricing, reliability, and trust. 4. Use Technology & Automation Adopt digital tools (AI, blockchain, procurement software) to cut manual costs. 5. Consolidate Orders & Shipments Bulk buying and optimized shipping reduce logistics and handling expenses. 6. Implement Strategic Negotiation Use data-driven insights to negotiate favorable contracts and payment terms. 7. Focus on Quality Control Prevent costly returns and delays through audits and inspections. 8. Optimize Supply Chain Logistics Select efficient routes, warehouses, and transport modes to save costs. 9. Adopt Sustainable Sourcing Eco-friendly practices can lower waste, energy, and long-term expenses. 10. Regularly Benchmark & Review Costs Compare prices, track market trends, and adjust sourcing strategies for savings. #GlobalSourcing #ProcurementStrategy #CostSaving #SupplyChainManagement #ProcurementExcellence #StrategicSourcing #SourcingSolutions #InternationalTrade #BusinessGrowth #SupplyChainOptimization #SmartProcurement #SourcingStrategy #ProcurementInnovation #CostEffective #GlobalTrade
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Procurement is evolving fast! From Blockchain ensuring transparency to Predictive Analytics offering foresight, procurement companies are building their digital DNA to drive efficiency, resilience, and growth. Read our latest blog: The Digital DNA of Procurement Companies: From Blockchain to Predictive Analytics #Procurement #Blockchain #PredictiveAnalytics #DigitalTransformation #SupplyChain #ProcurementCompanies
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We’ve helped clients across 40+ industries achieve 20–30% procurement cost savings while ensuring top-quality suppliers. From sourcing strategies to supplier audits, Dragon Sourcing is your partner in building resilient and competitive supply chains. Ready to make procurement your competitive edge? Contact us today! > https://lnkd.in/dmHeBMv7 #GlobalProcurement #SupplierManagement #DragonSourcing
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Procurement is no longer just about cost savings. From driving innovation to ensuring sustainability, procurement companies are strategic partners in business growth. Check out our latest insights, How Procurement Companies Drive Business Growth Beyond Cost Savings #Procurement #SupplyChain #BusinessGrowth #ProcurementCompanies #SourcingStrategy #DragonSourcing